Centene Corp
NYSE:CNC
Net Margin
Centene Corp
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Centene Corp
NYSE:CNC
|
26.6B USD |
2%
|
|
| US |
|
UnitedHealth Group Inc
NYSE:UNH
|
275B USD |
5%
|
|
| US |
A
|
Anthem Inc
LSE:0HG8
|
96.1B USD |
3%
|
|
| US |
|
Elevance Health Inc
NYSE:ELV
|
84B USD |
3%
|
|
| US |
|
Humana Inc
NYSE:HUM
|
28.3B USD |
1%
|
|
| US |
|
Molina Healthcare Inc
NYSE:MOH
|
15.7B USD |
3%
|
|
| US |
|
Healthequity Inc
NASDAQ:HQY
|
8.8B USD |
10%
|
|
| BR |
|
Hapvida Participacoes e Investimentos SA
BOVESPA:HAPV3
|
18.2B BRL |
-3%
|
|
| US |
M
|
Magellan Health Inc
F:MAH1
|
2.2B EUR |
6%
|
|
| US |
|
Progyny Inc
NASDAQ:PGNY
|
1.8B USD |
4%
|
|
| US |
|
Clover Health Investments Corp
NASDAQ:CLOV
|
1.4B USD |
-2%
|
Centene Corp
Glance View
Centene Corporation, a titan in the managed care industry, orchestrates its operations with a focus on government-sponsored healthcare programs. Founded in 1984, Centene swiftly carved its niche by administering Medicaid services, a vital safety net for low-income individuals and families in the United States. The company adeptly navigates the complexities of healthcare delivery by partnering with state governments to provide managed healthcare services, ensuring access to quality care while keeping costs in check. Centene's growth strategy hinges on its expansive network, tailored to meet diverse health needs, including those of the medically underserved. Through strategic acquisitions, such as the pivotal purchase of WellCare Health Plans, Centene has bolstered its market position, broadening its reach across all 50 states. Profiting primarily through capitation arrangements, Centene receives a fixed amount per member from the government in exchange for providing healthcare services. This model incentivizes efficiency and cost containment, as the company retains any cost savings generated. Beyond Medicaid, Centene has diversified its portfolio by delving into Medicare Advantage, Marketplace insurance plans, and international markets, thus ensuring resilience against fluctuations in any single segment. The company's revenue engine is fueled by its ability to strike a balance between quality healthcare delivery and disciplined fiscal management, driven by an insightful understanding of regional healthcare needs and regulatory landscapes. Through this model, Centene not only generates substantial revenue but also strives to positively impact health outcomes, exemplifying its commitment to a mission-driven approach in the ever-evolving healthcare ecosystem.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Centene Corp's most recent financial statements, the company has Net Margin of 2%.
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